Hal Schwartz | Senior Vice President, General Counsel & Secretary |
Craig Knutson | Chief Executive Officer & President |
Steve Yarad | Chief Financial Officer |
Gudmundur Kristjansson | Co-Chief Investment Officer |
Bryan Wulfsohn | Co-Chief Investment Officer |
Doug Harter | Credit Suisse |
Henry Coffey | Wedbush |
Eric Hagen | KBW |
Stephen Laws | Raymond James |
Rick Shane | JPMorgan |
Steven Delaney | JMP securities |
Ladies and gentlemen, thank you for standing by, and welcome to the MFA Financial Fourth Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. Instructions will be given at that time. [Operator Instructions] As a reminder, this conference is being recorded.